United Nations Global Compact And Russell Reynolds Associates Study Identifies Characteristics Of Sustainable Business Leaders
The United Nations Global Compact launched the “Leadership for the Decade of Action” report in collaboration with Russell Reynolds Associates, a leading leadership advisory and search firm.
The report sets out to discover what can be learned from business leaders who are integrating sustainability across strategy, operations and stakeholder engagement and what this means for how board and C-suite leaders are selected. It reveals an urgent need for transformational business leaders who look beyond near-term profits to make the long-term sustainability and resilience of our world a top business priority—both within and beyond their firms and broader ecosystems.
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The report will be presented by Lise Kingo, CEO and Executive Director, United Nations Global Compact, and Clarke Murphy, CEO, Russell Reynolds Associates, at the UN Global Compact 20th Anniversary Leaders Summit on 15 June. Their presentation will be followed by a panel discussion with Jim Hagemann Snabe, Chairman, Maersk and Siemens and Ilian Mihov, Dean, INSEAD. Further details can be found here.
The world is not on track to achieve the Sustainable Development Goals by 2030 and the COVID-19 pandemic has further exposed the fundamental weaknesses in our global systems. There is now a significant opportunity for boards and C-suite leaders to place sustainability at the center of corporate purpose and strategy. However, analysis by Russell Reynolds Associates reveals that sustainability experience or mindset is a requirement in only 4 percent of non-executive and senior executive appointments today.
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